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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
3 mins to read

Powerhouse, Hydroworks shareholders remain in the dark

Canterbury Development Corporation will not invest any more into Powerhouse, while Callaghan is reviewing its position. 

Calida Smylie
Thu, 17 Aug 2017

Powerhouse Ventures shareholders remain in the dark about what steps the tech incubator will take to shore up its largest portfolio company, Hydroworks.

Last Thursday, ASX-listed Powerhouse wrote down the value of its stake in Hydroworks to nil, due to the hydro-engineering company’s financial

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Calida Smylie
Thu, 17 Aug 2017
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Powerhouse, Hydroworks shareholders remain in the dark
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